The Canadian singer is coming out with an album this year, titled "Believe." A single from the album, titled "Boyfriend," is scheduled for release on March 26. The website TheRichest.org estimated in 2011 that Bieber's net worth is $85 million, while the website CelebrityNetWorth.com estimates it to be much higher at $105 million. An NBC affiliate estimated at around $100 million. Whatever the exact amount is, the Biebs is doing quite well! Photo: Reuters

Miley Cyrus came to fame on the Disney show "Hannah Montana." She will be seen in the upcoming film "So Undercover." M magazine estimated her net worth in 2011 to be $120 million. Photo: Reuters

Dakota Fanning came to fame by being, well, a very good actress. She will be seen this year in the final "Twilight" movie. More than one source, including NetWorth.com, estimate her own number to be around $16 million. Photo: Reuters

Selena Gomez came to fame thanks to her starring role on Disney's "Wizards of Waverly Place." She will lend her voice to the upcoming computer animated film "Hotel Transylvania." M magazine estimated her net worth to be around $4 million in 2011. Photo: Reuters

Nick Jonas came to fame thanks to the tween-oriented family singing group "The Jonas Brothers," but he's been taking on more adult projects lately. He is currently starring in the Broadway show "How to Succeed in Business Without Really Trying." M magazine has estimated his net worth to be at $18 million in 2011. Photo: Reuters

Angus T. Jones has had mega success thanks to a starring role on "Two and a Half Men." In 2010, TMZ reported that he signed a contract that included getting paid $300,000 per episode. The Associated Press reported that the deal made Jones the highest-paid child actor on television. Photo: Reuters

Taylor Lautner -- and his abs -- have gotten major attention thanks to his role as Jacob Black in the "Twilight" franchise. The franchise has made more than $2 billion worldwide, so we're hoping Lautner gets a generous portion of the pie. Photo: Reuters

Demi Lovato is back on track after dealing with personal issues. The former "Sonny With a Chance" star is now focusing on her music and is on tour. M magazine estimated her net worth to be at $3 million in 2011. Photo: Reuters

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Justin Bieber is looking for a house to call home in southern California, and a conversation between the singing sensation and TMZ suggests that he is willing to spend as much as $10 million for new digs.

Not bad for a guy who just turned 18. And he's not the only rich kid in Tinseltown.

Bieber is in excellent company, with peers that include Disney alumni who haven't pulled a Lindsay Lohan, kids who descend from entertainment royalty, and other talented young artists who have managed to make successful transitions from kids stars to young adult performers.